- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: CPA: winery question
Posted on 3/21/13 at 9:43 pm to Iona Fan Man
Posted on 3/21/13 at 9:43 pm to Iona Fan Man
No it wouldn't, there's no legimate business purpose for the holding company you describe.
Btw GAAP accounting is not the same as tax accounting. Each is a different basis of accounting.
Btw GAAP accounting is not the same as tax accounting. Each is a different basis of accounting.
1
Posted on 3/21/13 at 11:09 pm to Beerinthepocket
quote:
there's no legimate business purpose for the holding company you describe.
central holding company for multiple vineyards. we give you present value of future wine
ie a bottle of 1 day old is $5.67, a bottle of the same label that's 5 years old goes for $10.
If I buy at $5.67 and sell at $10, 5 years later I get a 12% annual return.
Is that return operating income or capital gains of goods sold?
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News